Sterilization Technology Market to Witness Robust Expansion by 2023
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Posté le:
Nov-30-2020
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Word Count article:
560
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Global sterilization technology market is forecasted to attain $7.5 billion value by 2023, growing at a CAGR of 9.0% during 2017-2023.
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One of the most common words that we usually associate with hospitals and other medical facilities is ‘sterilization’. This word has become synonymous with healthcare solutions, so much so, that the first question usually asked by people during a medical procedure or test is “Are the instruments sterilized?” After all, sterilization is specifically adopted for low fatality during surgeries and other treatment procedures.
It has been more than 150 years since sterilization was first adopted in medical procedures, and it continues to remain an integral part of healthcare solutions and services all over the world. Furthermore, with the growing incidence of hospital-acquired infections (HAI) in several countries, the adoption of sterilization methods will increase even more in the coming years. According to the Centers for Disease Control and Prevention (CDC), “Every year, Americans contract 1.7 million infections while being treated in hospitals. These infections are associated with approximately 99,000 deaths annually. In addition to the significant toll on patients’ lives, HAIs represent an estimated $30 billion in added healthcare costs.”
Hence, with the growing prevalence of HAIs in many countries and mushrooming requirement for sterilization, the global sterilization technology market will exhibit rapid progress in the future years.
As noted above, the increasing prevalence of HAIs is a major factor fueling the requirement for sterilization technology across the world. The growing incidence of these infections has massively pushed up the mortality rate and caused heavy financial losses for the healthcare industry. According to the World Health Organization (WHO), “Of every 100 hospitalized patients at any given time, seven in developed and 10 in developing countries will acquire at least one healthcare-associated infection”. Furthermore, the prevalence of HAIs is considerably higher in middle- and low-income countries than the high-income ones.
Growing Surgery Volume also Playing Important Role
As per a report published by the WHO in 2016, almost 266.2 to 359.5 million surgical procedures were performed all over the globe in 2012. Considering the boom in the population and increase in the access to healthcare, it is assumable that the surgery volume would have burgeoned further in the last 7¬–8 years. Furthermore, the increasing incidence of obesity is causing a sharp rise in the requirement for bariatric surgeries, on account of these surgeries being highly effective in treating obesity. The rapid rise in the number of surgeries being performed all over the world is a major factor propelling the demand for sterilization products and solutions.
Sales of Sterilization Devices To Rise Steeply in Future
In addition to the growing prevalence of HAIs and the increasing number of hospitals around the world, the rapid advancements in the biotechnology, medical device, and pharmaceutical industries are creating a huge requirement for various sterilization devices across the world. There are multiple types of such devices used in medical settings, such as those based on the low-temperature, steam, radiation, heat, liquid, ultrasound, and filtration technologies.
Out of all the devices, the usage of heat sterilizers is predicted to increase at the highest rate in the coming years. This is ascribed to the growing incorporation of heat sterilizers in instrument reprocessing and biotechnology and pharmaceutical manufacturing plants, for the sterilization of bulk products, moisture-sensitive materials, and products having medicinal properties. Moreover, heat has been the most effective way to kill microbes, which makes heat sterilizers vastly popular.
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Source de l'article :
http://fr.articleseen.com/Article_Sterilization Technology Market to Witness Robust Expansion by 2023_1009.aspx
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auteur ressource :
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https://www.psmarketresearch.com/market-analysis/sterilization-technology-market
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Mots-clés :
Sterilization Technology Market, Size, Share, Demand,
Catégorie :
Accueil et Famille
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Accueil et Famille
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